Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 8 of 8 results for "Reddit"

Baby Boomers cashing in on meme stocks

ELIZABETH MCARTHUR  |  FRIDAY, 24 SEP 2021
... losing money. The analysis covered 11 "meme stocks" (stocks whose share prices skyrocketed due to social media hype on Reddit, Twitter and Facebook - not fundamentals). Based on an evenly weighted basket of the 11 stocks, investors over 40 would have ...

How will members respond to the YFYS test results?

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
... can take the chatter on the social media platforms as a precursor to what is going to happen next, then if you look at Reddit or any of finfluencers' social media platforms, we see a lot of chatter about these annual performance tests. And especially ...

Investors lose in viral stock picks

ELIZABETH MCARTHUR  |  THURSDAY, 5 AUG 2021
According to new analysis, stock picks which became popular on Facebook, Reddit and Twitter were almost guaranteed to see investors lose money. OpenMarkets Group (OMG) looked at trending stocks across Facebook, Reddit and Twitter - particularly those ...

Zero rates causing risky business: Pengana

ANNABELLE DICKSON  |  WEDNESDAY, 24 MAR 2021
... know supply and demand - same supply and more demand leads to prices going up. Then you add the "fear of missing out" and Reddit commentary and it triples the stock price." Fisher explained that Pengana has been trying to invest at both ends of the wealth ...

Chief economist update: Nikkei not so fine

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... stockmarket pricing has led to growing criticism that the Bank of Japan (BOJ) is distorting market pricing. Forget Gamestop and Reddit, the BOJ is the bigger player that's gaming the system. This disconnect is highlighted by the breakdown in the ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
... risky assets." But as the Australian Financial Review reports: "...Bank of Montreal chief economist Doug Porter said the Reddit army's attack on GameStop and other highly shorted stocks could foreshadow a more significant shift." "...a case can be ...

Investors going in blind: Research

ANNABELLE DICKSON  |  THURSDAY, 28 JAN 2021
... US-based retailer Gamestop over 600% in the last week in a bid to short-squeeze hedge funds. The amateur investors, using the Reddit forum WallStreetBets, are reportedly targeting hedge fund Melvin Capital Management for putting a hefty short position ...

The Income Store closed for business

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JAN 2020
... unclear, however, there is still evidence on Courtright's site of claims that websites could generate ongoing income. A Reddit user reported investing $100,000 through The Income Store and being promised a guaranteed return of 15%. There is still evidence ...
PAGE:
1